CMBC CAPITAL(01141) released its annual performance. Shareholders' net profit was HK$151 million, a year-on-year increase of 197.73%.

CMBC CAPITAL (01141) announced its annual performance for the year ending December 31, 2025, with total revenue of HK$467 million, representing a 28.65% year-on-year growth. The company's attributable profit for the year was HK$151 million, marking a 197.73% increase compared to the previous year. Earnings per share were 13.77 HK cents. The announcement stated that the 28.65% increase in total revenue was primarily due to the visible results of the group's transformation and development. The significant year-on-year increase in revenue was driven by securities underwriting, asset management, sponsorship services, and wealth management-related fee businesses during the reporting year. During the reporting year, total revenue and profit recorded significant increases in the securities category. The increase in total revenue in this category was mainly attributed to higher bond underwriting revenue, interest income from margin financing, and commission income from brokerage and related services. Despite the growth in business development and total revenue classification, expenses such as funding costs, brokerage commissions, and system setup increased year-on-year. Additionally, the full repayment by one margin financing client during the reporting year led to the reversal of impairment losses in margin financing business, resulting in a higher increase in profit compared to revenue. During the reporting year, the number and scale of offshore Chinese bond issuances witnessed substantial growth due to the demand for refinancing. The group's bond underwriting business clientele mainly consisted of financial institutions and local state-owned enterprises. In the reporting year, the group successfully completed 295 bond underwriting issuances, with a total issuance size exceeding USD 60.5 billion, and the credit quality of the underwriting entities remained stable.